Some HSBC customers have been charged three to four times the amount due to the bank, following a technical glitch that took hold last week.
GE to axe 12,000 jobs as demand for renewable energy rises
The company has said that the cuts will save $1 billion in 2018, after admitting it expects dwindling demand for fossil fuel power plants to continue.
SEC, Schneider Electric sign MoU to optimise KSA energy performance
The SEC, Schneider Electric partnership aims to reduce energy usage and improve safety, reliability, connectivity, and efficiency within KSA.
Transformation Talk | Weekly news round up 7.12.17
Tahawul Tech brings you Transformation Talk, a weekly roundup of the biggest news in the technology industry.
DEWA’s AI-based ‘One Step’ project shortlisted for govt award
The One Step initiative eliminates the need to visit a DEWA Customer Happiness Centre to activate, deactivate or transfer electricity and water services.
GUtech to race energy efficient car in Shell Eco Marathon
This will be the fourth time GUtech will participate in Shell Eco-marathon with an energy efficient vehicle in the diesel prototype category.
Jordan, Saudi seal partnership to connect power grids
The connection will help reduce the load of oscillations and will boost the two countries’ reliance on renewable energy.
Uber paid 20-year-old hacker to destroy stolen data: Reuters
Uber announced last month that the personal data of 57 million users, including 600,000 drivers in the United States, was stolen in a 2016 breach.
Bitcoin rips past $14,000 in latest record high
Bitcoin began the year below $1,000 but has seen a sharp rise in recent weeks, despite warnings of a dangerous bubble.
What does the near future hold for Middle East software?
It’s been over half a decade since Marc Andreessen declared that “software is eating the world.” Six years on, ask …
UAE, US reaffirm efforts to implement energy efficient technologies
The commitment to move forward with energy efficient technologies was made during the UAE-US Strategic Energy Dialogue held in Abu Dhabi.
Blockchain has potential to transform banking sector: Avaya
Avaya told delegates that blockchain could be used to transform how customer satisfaction is monitored by regulatory bodies, and how banks control identity management.
Bahrain’s Alba to implement GE’s heavy-duty gas turbine technology
Alba said the addition of the fourth block of GE 9HA gas turbine technology at PS 5 will further increase the power efficiency and output of the station.
How LEAP is transforming recruitment with AI
According to a recent study, seven in ten companies in the UAE plan to hire new employees in the next …